BB&T to offer integrated supply chain management service

from money.cnn.com

BB&T Corporation today said it has partnered with business-to-business e-commerce provider GXS to introduce a new integrated supply chain management service.

The supply chain platform, powered by GXS Managed Services, combines BB&T’s international banking, commercial finance and payment services functions, and will connect buyers and suppliers around the world.

Clients will be able to finance their supply chain operations in step with the physical production and transportation of goods, reducing both cost and risk. They’ll have complete on-demand views of their financial supply chain from purchase order delivery through invoice settlement.

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